Is Mason County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mason County has remained a Seller's Market.
Housing Prices in Mason County, WA
How much do homes in Mason County, WA cost?
Median Sold Price
$407,894
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mason County was $407,894 in May 2024, up 0.6% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $308.2K | +12.1% |
2 Bedrooms | $360.6K | $385K | +6.7% |
3 Bedrooms | $419.5K | $409.1K | -2.5% |
4 Bedrooms | $504K | $506.9K | +0.6% |
5+ Bedrooms | $450K | $519.9K | +15.5% |
Summary: Mason County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Counties
Kitsap County | $519.6K | $549.3K | +5.7% |
Jefferson County | $610K | $641.2K | +5.1% |
Thurston County | $492.9K | $500K | +1.4% |
Mason County | $405.2K | $407.8K | +0.6% |
Grays Harbor County | $341.1K | $341.5K | 0.1% |
Housing Supply in Mason County, WA
How many homes are available in Mason County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
388 | 467 | +20.4% |
Summary: The Mason County real estate market had 467 homes for sale in May 2024, a 20.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 31 | 0.0% |
2 Bedrooms | 121 | 146 | +20.7% |
3 Bedrooms | 190 | 234 | +23.2% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Mason County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 97 | +36.6% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 97 homes were sold or pending in Mason County in May 2024, up by 36.6% month-over-month. Of the 97 sold homes, 33% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market for Mason County, WA
How long does it take to sell a home in Mason County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 36 Days | -1.2% |
Summary: Homes in Mason County had an average of 36 days on market in May 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During May 2024, 97 homes were sold in Mason County; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.